Multi Nano Sense
Semiconductors | Series A
Nagpur, India
multinanosense.com
Multi Nano Sense specializes in manufacturing gas sensors designed for hydrogen detection. Their product range includes both portable and fixed hydrogen gas detectors, as well as advanced platform gas sensor technology. Utilizing CMOS MEMS or pure-play MEMS microchip technology, their platform sensors can detect and measure gases, vapors, and dust. In addition to hydrogen sensors, Multi Nano Sense is developing vapor and dust sensors. These hydrogen detectors are crucial for monitoring environments such as battery rooms, hydrogen storage areas, and locations with hydrogen pipelines and equipment.
Founders
Shashank kumar
Co-Founder & Director Chartered Accountant
Highly skilled in corporate strategy, business advisory, legal and commercial compliance.
Expert in process and control, finance, and fundraising.
Ex- E&Y
Key Highlights
Revenue Projection FY 25
INR 3 Crores
Gross Margin
70%
No Cross sensitivity
Current Production
30 to 40 sensors per day
Sensor Response Time
10 Times Faster
Wide Operating Range
0% to 100%
Clientele
Deal Details
Current Deal Round
Pre Series A
Instrument
Equity
Minimum Ticket Size per Investor
INR 3,00,000
Round Size
2 Cr
Soonicorn Platform Fee
Admin Fee: 2% of investment amount Carry: 10%
Valuation
To be be converted in next QFR – INR 8 Crores | Discounts:- 0-6 months: – 12.5%, 6-12 months:- 20%, After 12 months conversion will happen at INR 36.7 Crores i.e. previous priced round Post-Money Valuation.
*AIF Condition : Consolidated commitment for AIF should be more than INR 25 Lacs (USD 31.25K) to qualify as a valid entry to the cap table
